Associate Manager, Procurement

Genuine Parts CompanyAtlanta, GA

About The Position

The Associate Procurement Manager – Cost Management supports the execution of strategic cost management initiatives across assigned product categories within a multi‑billion‑dollar global supplier network. This role is responsible for managing cost management pipeline of assigned categories, supporting supplier negotiations, developing cost models and performing should-cost analysis. This position partners closely with Category Management, Engineering, Sourcing, and Pricing teams to deliver year-over-year cost improvements aligned with enterprise objectives.

Requirements

  • Bachelor’s degree in Engineering, Business, Supply Chain, or related field.
  • 3–6 years of experience in procurement, cost management, sourcing or manufacturing cost analysis.
  • Experience supporting supplier negotiations and cost reduction initiatives.
  • Strong financial acumen and advanced Excel modeling.
  • Understanding of manufacturing processes, product cost drivers, and supply chain dynamics.
  • Strong analytical and cross-functional collaboration skills.

Nice To Haves

  • Automotive or manufacturing industry experience.
  • Exposure to global commodity markets and cost indices.
  • Experience with BI tools, ERP systems, or cost modeling platforms.
  • MBA or advanced certification a plus (e.g. Lean, Six Sigma).

Responsibilities

  • Category-Level Cost Management Support end‑to‑end cost management across assigned categories within a global supplier network.
  • Protect and Improve category level cost position by actively managing cost management pipeline.
  • Identify and validate cost reduction opportunities aligned with annual cost-out targets.
  • Monitor cost performance against budget and escalate risks, variances, or supply impacts as needed.
  • Negotiation & Supplier Engagement Prepare data-driven negotiation packages, cost baselines, and scenario analyses.
  • Conduct structured, fact-based supplier negotiations to achieve optimal cost outcomes.
  • Collaborate with Category and Sourcing teams to align negotiation strategies with broader procurement objectives.
  • Analyze total cost of ownership (TCO), including logistics, duties, packaging, and overhead.
  • Support RFQ and tender processes by establishing cost benchmarks.
  • Cost Modeling & Should-Cost Analysis Develop and maintain detailed cost models to analyze and forecast product cost changes
  • Conduct should-cost analysis and support product teardown reviews in partnership with Engineering.
  • Cross-Functional Collaboration Partner with Engineering to understand cost drivers and manufacturing inputs.
  • Support Category Managers with cost insights that inform sourcing strategy.
  • Provide reporting and dashboards for cost management initiatives.
  • Contribute to cross-functional initiatives focused on inflation management and continuous cost improvement.
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